Bitcoin in Brief Monday: Zencash Targeted in 51% Attack, Ticketfly Hijacked for Ransom

Bitcoin in Brief Monday: Zencash Targeted in 51% Attack, Ticketfly Hijacked for RansomIn today’s Bitcoin in Brief – Zencash has lost $550,000 in two double-spend transactions following a 51% attack on the network. Developers have taken measures to increase the difficulty of future attacks. The event-ticketing platform Ticketfly is also trying to recover from a hijack. 26 million accounts have been reportedly compromised by a hacker who […]

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Bitcoin Mining Manufacturer Canaan May Seek an IPO in Hong Kong or the US

Bitcoin Mining Manufacturer Canaan May Seek an IPO in Hong Kong or the USSecurities investors may be able to get more exposure to the bitcoin market soon as one of the leading mining producers, Canaan, is thinking about going public. Everyday people may soon be able to mine cryptocurrency right on their smart TVs, if the company has its way. Also Read: Stanford, Wharton and Georgetown Expand Bitcoin […]

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Cryptocurrency Mining Industry Sees Influx of New Hardware

Cryptocurrency Mining Industry Sees Influx of New HardwareOn April 3, 2018, the Chinese based firm Bitmain Technologies had launched it’s latest miner the Antminer E3. The new pre-manufactured mining rig processes the hashing algorithm Ethhash, the PoW consensus protocol for the Ethereum network. Lately, Bitmain has been releasing a bunch of new products including the Antminer X3 which mines Cryptonight algorithms for […]

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